????#CardanoDebate ????
The founder of Cardano, Charles Hoskinson, proposes to use 140 million of $ADA (~100 M$) to support DeFi by purchasing BTC and native ADA stablecoins (USDM, USDA, IUSD).
The price of $ADA dropped by 6% after the announcement.
The community is divided:
💡 Some see this as a sign of maturity.
⚠️ Others believe it is too risky, given the market conditions and governance power.